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HomeAuthorsAndy Del Prado

Articles by Andy Del Prado

Pacific Energy
EIA News

AEO2022 Issues in Focus: Exploration of the No Interstate Natural Gas Pipeline Builds case

April 4, 2022 Andy Del Prado

Executive Summary In addition to the Reference case and side cases in our Annual Energy Outlook 2022 (AEO2022), we created a case that explores what happens if no additional interstate natural gas pipelines are built […]

Crude Oil News

Oil inches up as supply concerns weigh despite reserves release, Yemen truce

April 4, 2022 Andy Del Prado

Oil prices inched higher on Monday as worries about tight supply persisted even as investors eyed the release of supplies from strategic reserves from consuming nations and a truce in Yemen sparked hopes that supply […]

Imports

Declining North Sea output means UK could soon import 80% of its gas and oil, warns OEUK report

March 30, 2022 Andy Del Prado

The UK will have to import almost all its gas and most of its oil from overseas suppliers unless billions of pounds are invested in new North Sea exploration and production facilities, a report from […]

Electrical Generation / Utilities

Sri Lanka suffers long power cuts as currency shortage makes fuel scarce

March 30, 2022 Andy Del Prado

COLOMBO, (Reuters) – Sri Lankans faced 10-hour power cuts on Wednesday and warnings of longer blackouts on Thursday, as a deepening economic crisis roiled markets and the electricity regulator urged more than a million government […]

Exploration and Production

Biden signals third year of offshore oil-leasing delay in gulf

March 30, 2022 Andy Del Prado

(Bloomberg) — The Biden administration doesn’t anticipate selling offshore drilling rights in the Gulf of Mexico through at least October 2023, effectively stretching a delay in that activity to a third year, according to economic projections included […]

Oil Market to Get Even Tighter on Russia Disruptions, Says Vitol
Crude Oil News

Oil Prices Continue To Rally As EIA Confirms Crude Inventory Draw

March 30, 2022 Andy Del Prado

Crude oil prices moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 3.4 million barrels for the week to March 25. This compared with a decline of 2.5 million barrels the EIA […]

Crude Oil News

U.S. oil exports surge, drawing crude away from storage hub

March 30, 2022 Andy Del Prado

NEW YORK, (Reuters) – U.S. oil exports have climbed following Russia’s invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the […]

Cushing Oklahoma - ENB
Crude Oil News

Oil Prices Continue To Rally As EIA Confirms Crude Inventory Draw

March 30, 2022 Andy Del Prado

Crude oil prices moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 3.4 million barrels for the week to March 25. This compared with a decline of 2.5 million barrels the EIA […]

Top News

What Oil Price Do Cos Need to Profitably Drill in USA?

March 27, 2022 Andy Del Prado

The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to the Dallas Fed Energy Survey. In the organization’s first quarter 2022 report, it […]

International News

Guangdong Energy to buy LNG from NextDecade’s Rio Grande

March 27, 2022 Andy Del Prado

NextDecade announced in a statement the execution of binding heads of agreement (HOA) with Guangdong Energy. The deal is for the long-term supply of LNG for 20 years from NextDecade’s Rio Grande LNG. NextDecade is developing Rio Grande […]

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